Sectors
Fed's Fisher: stronger dollar good for U.S. jobs
Sharp gains in the U.S. dollar are good for the U.S. labor market, a top Federal Reserve official said on Friday, downplaying a crescendo of complaints from top executives over the dent to their profits.
Austrians rue starting fashion for Swiss franc mortgages
The surging Swiss franc has dealt a double blow to homeowners in Austria, home of the trend for borrowing in the Swiss currency that has devastated mortgage holders across eastern Europe.
AT&T top buyer at U.S. airwaves auction; Dish spends big
AT&T Inc (T.N) spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp (DISH.O) spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.
Oil surges 8 percent as U.S. rig count plunges, shorts scramble
Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering.




